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7h ago

EU Removes Two Oligarchs From Sanctions List While Extending 3,000 Measures for Three Years

EU ambassadors reached a political deal to delist Alisher Usmanov and Mikhail Fridman in return for a 36‑month renewal of the rest of the Russia personal sanctions.

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Wenige Stunden vor Ablauf einer Frist für die Verlängerung der Sanktionen gegen Russland ringen die EU-Länder weiter um ein Ergebnis. Streitpunkt ist die Streichung zweier russischer Oligarchen von der Sanktionsliste.
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Overview

  • EU ambassadors reached the political agreement on Tuesday to delist Alisher Usmanov and Mikhail Fridman while extending sanctions on about 3,000 people and entities for 36 months.
  • The delistings were part of a last‑minute trade to avoid the entire package lapsing at midnight, with Latvia dropping a veto and moving to abstain so the written adoption procedure can proceed.
  • France and Slovakia pushed for Usmanov’s removal and Luxembourg linked its support to also removing Fridman, who is suing over frozen assets worth roughly €16 billion.
  • Ukraine condemned the decision as unacceptable and Latvia said it will seek national measures to keep restrictions in place, signaling political fallout and strained relations inside the EU.
  • Diplomats and observers warned the move could invite more legal challenges from other sanctioned Russians and weaken the EU’s unanimity‑based personal sanctions regime as the formal written adoption moves forward.